The average price in the Missouri region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Missouri has risen considerably in the last 6 months. During March, the average price per sq.feet was $387. The following month (April) the price had a considerable deflation reaching $268 per sq.feet. In the following two months (May, June) the price per sq.feet has risen strongly to a 124 %. In the last two months, the price per sq.feet has had a significant decrease of 40 %. This has been obtained by comparing the price of $366.75 for the first four months of the sample with regard to the previous 4 months and the price of $145.5 per sq.feet for the last two months (July, August).
Based upon to the price in Missouri(region), these have remained the same in the last 6 months. In the first month sample March the average price is $298,563. In April the price was the same at $294,286. The price in the following months (May, June) had a strong increment of 126 % going from $296,424.5 to $373,413.5. During the last two months the price has had a considerable reduction of 78 % with respect to the previous four months going from $334,919 a $259,647.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 68 % more affordable than the average price in Missouri followed by those with 2 with an average price of $200,825. The most costly properties have 4 bedrooms. They are 52 % more expensive than the average followed by those properties with 3 bedrooms priced at $291,341.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $96 / sq.feet being $162 / sq.feet the average value within the Missouri region. The properties with the most expensive average price are those with 4 bedrooms. These are 32 % more costly than the average followed by those with 2 bedrooms with a price of $142 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $299,826 it is 63 % more affordable than the average in Missouri. This is followed by "Condo" with a price of $259,197. The dearest property type is "Commercial" and is 153 % more expensive than the average, followed by "Office" with a cost of $319,396.
Based on the average cost per sq.feet the cheapest property type is "Duplex with a an average cost of $140 / sq.feet, followed by "House" with a price of $155 / sq.feet. "Commercial" with an average price of $1,373 / sq.feet is the most costly type of property followed by "Land" at a price of $627 / sq.feet.